ਪ੍ਰੈਸ ਰਿਲੀਜ਼ - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਅਕਤੂ 18, 2016
Sovereign Gold Bond – Dematerialisation
The Reserve Bank of India, in consultation with the Government of India, has issued six tranches of Sovereign Gold Bonds for a total value of ₹ 4145 crore till date. Investors in these bonds have been provided with the option of holding them in physical or dematerialized form. The requests for dematerialization have largely been processed successfully. A set of records, however, could not be processed for various reasons such as mismatches in names and PAN numbers, in
The Reserve Bank of India, in consultation with the Government of India, has issued six tranches of Sovereign Gold Bonds for a total value of ₹ 4145 crore till date. Investors in these bonds have been provided with the option of holding them in physical or dematerialized form. The requests for dematerialization have largely been processed successfully. A set of records, however, could not be processed for various reasons such as mismatches in names and PAN numbers, in
ਅਕਤੂ 17, 2016
Sovereign Gold Bonds issued on September 30 to be tradable from October 19
From October 19, 2016 (Wednesday), the Sovereign Gold Bonds issued on September 30, 2016 held in dematerialised form shall be eligible for trading on stock exchanges recognised by the Government of India under the Securities Contracts (Regulation) Act, 1956. The Reserve Bank of India notified this in terms of Para 17 of the Scheme. Sovereign Gold Bond Scheme 2016 -17 - Series II was announced by the Government of India vide notification dated August 29, 2016. Alpana K
From October 19, 2016 (Wednesday), the Sovereign Gold Bonds issued on September 30, 2016 held in dematerialised form shall be eligible for trading on stock exchanges recognised by the Government of India under the Securities Contracts (Regulation) Act, 1956. The Reserve Bank of India notified this in terms of Para 17 of the Scheme. Sovereign Gold Bond Scheme 2016 -17 - Series II was announced by the Government of India vide notification dated August 29, 2016. Alpana K
ਅਕਤੂ 14, 2016
RBI extends validity of Directions issued to the HCBL Co-operative Bank Ltd., Lucknow, Uttar Pradesh till April 15, 2017
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2016 to April 15, 2017, subject to review. The bank had been under directions since the close of business on April 16, 2015 vide directive dated April 10, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified and its validity extended upto October 15, 2016. The
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period of six months from October 16, 2016 to April 15, 2017, subject to review. The bank had been under directions since the close of business on April 16, 2015 vide directive dated April 10, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive was modified and its validity extended upto October 15, 2016. The
ਅਕਤੂ 14, 2016
RBI issues Directions to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh – Withdrawal of Directions
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh vide directive dated July 08, 2015. The Directions were extended from time to time and the last such Directive dated March 30, 2016, are currently valid upto October 14, 2016. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in
The Reserve Bank of India (RBI) had issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS) to United India Co-operative Bank Ltd., Nagina, Bijnor, Uttar Pradesh vide directive dated July 08, 2015. The Directions were extended from time to time and the last such Directive dated March 30, 2016, are currently valid upto October 14, 2016. Reserve Bank, on being satisfied that in the public interest it is necessary to do so, in
ਅਕਤੂ 14, 2016
NBFC surrender its Certificate of Registration to RBI
The following NBFC has surrendered the Certificate of Registration granted to it by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled its Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Madhu Muskan Leasing and Financing Private Limited C-5/33, S.D.A., New Delhi-110016
The following NBFC has surrendered the Certificate of Registration granted to it by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled its Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Madhu Muskan Leasing and Financing Private Limited C-5/33, S.D.A., New Delhi-110016
ਅਕਤੂ 14, 2016
RBI cancels Certificate of Registration of NBFC
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Comfort Intech Limited 106, Avkar, Algani Nagar, Kalarla, Daman-396210 B-01.00419 June 25, 2002 September 28, 2016 As such, the above company
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Comfort Intech Limited 106, Avkar, Algani Nagar, Kalarla, Daman-396210 B-01.00419 June 25, 2002 September 28, 2016 As such, the above company
ਅਕਤੂ 13, 2016
RBI extend Directions Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Ahmednagar, Maharashtra
The Reserve Bank of India, notified that Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, was placed under directions for a period of six months vide directive dated April 07, 2016 from the close of business on April 12, 2016. The validity of the directions is extended for a period of six months from October 13, 2016 to April 12, 2017 vide directive dated October 06, 2016, subject to review. Reserve Bank of India, in exercise of the powers vested in
The Reserve Bank of India, notified that Jamkhed Merchants Co-operative Bank Ltd., Ahmednagar, Maharashtra, was placed under directions for a period of six months vide directive dated April 07, 2016 from the close of business on April 12, 2016. The validity of the directions is extended for a period of six months from October 13, 2016 to April 12, 2017 vide directive dated October 06, 2016, subject to review. Reserve Bank of India, in exercise of the powers vested in
ਅਕਤੂ 06, 2016
Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
The Reserve Bank of India today placed on its website, the Report of the Internal Working Group (IWG) on Rationalisation of Branch Authorisation Policy (Chair: Smt. Lily Vadera, Chief General Manager, Department of Banking Regulation). Suggestions/comments, if any, on the recommendations contained in the Report, may be sent by email on or before November 5, 2016. Recommendations The thrust of the recommendations is to facilitate financial inclusion by ensuring availab
ਅਕਤੂ 05, 2016
RBI extends validity of the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut for a further period of six months from October 06, 2016 to April 05, 2017, subject to review. The bank has been under directions since October 06, 2015 vide directive dated September 30, 2015 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive had been modified / its validity extended vid
The Reserve Bank of India (RBI) has extended the Directions issued to the Mercantile Urban Co-operative Bank Ltd., Meerut for a further period of six months from October 06, 2016 to April 05, 2017, subject to review. The bank has been under directions since October 06, 2015 vide directive dated September 30, 2015 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive had been modified / its validity extended vid
ਅਕਤੂ 05, 2016
RBI extend Directions Gokul Co-operative Urban Bank Ltd., Secunderabad till April 04, 2017
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to extend the validity of the Directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad, for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) has directed that the Directives issued to Gokul C
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to extend the validity of the Directives issued to Gokul Co-operative Urban Bank Ltd., Secunderabad, for a further period of six months. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) has directed that the Directives issued to Gokul C
ਅਕਤੂ 03, 2016
RBI extends Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed Dist.Nanded, Maharashtra till December 31, 2016
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Maharashtra) for a further period of three months from the close of business as on September 30, 2016 to December 31, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for nine months on two occasions. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Maharashtra) for a further period of three months from the close of business as on September 30, 2016 to December 31, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for nine months on two occasions. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub
ਅਕਤੂ 01, 2016
Extension of directions under Section 35A of the Banking Regulation Act, 1949 (AACS) Ajinkyatara Sahakari Bank Ltd., Satara, Maharashtra
Ajinkyatara Sahakari Bank Ltd., Satara, Maharashtra was placed under directions for a period of six months, vide directive No.DCBS.CO.BSD-1 No.D-19/12.22.328/2015-16 dated September 28, 2015 from the close of business on September 30, 2015, under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directives was extended vide our directive dated March 29, 2016 for a period of six months. It is hereby notified for the information of th
Ajinkyatara Sahakari Bank Ltd., Satara, Maharashtra was placed under directions for a period of six months, vide directive No.DCBS.CO.BSD-1 No.D-19/12.22.328/2015-16 dated September 28, 2015 from the close of business on September 30, 2015, under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directives was extended vide our directive dated March 29, 2016 for a period of six months. It is hereby notified for the information of th
ਸਤੰ 30, 2016
Applicable Average Base Rate to be charged by NBFC-MFIs for the Quarter Beginning October 01, 2016
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 01, 2016 will be 9.44 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning October 01, 2016 will be 9.44 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the ave
ਸਤੰ 27, 2016
RBI imposes penalty on The Deola Merchants Co-operative Bank Ltd., Deola, Dist. Nashik
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on The Deola Merchants Co-operative Bank Ltd., Deola, Dist. Nashik in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the instructions / guidelines of the Reserve Bank of India relating to submission of false compliance regardi
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on The Deola Merchants Co-operative Bank Ltd., Deola, Dist. Nashik in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the instructions / guidelines of the Reserve Bank of India relating to submission of false compliance regardi
ਸਤੰ 26, 2016
RBI issues Directions to The R S Co-operative Bank Ltd., Mumbai, Maharashtra
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended on December 21, 2015 for a period of six months from December 25, 2015 and further for a period of three months from June 26, 2016 on June 22, 2016. Besides the withdrawal, limits were relaxed from ₹ 1,000/- to ₹ 10,000/- on August 11, 2016.
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended on December 21, 2015 for a period of six months from December 25, 2015 and further for a period of three months from June 26, 2016 on June 22, 2016. Besides the withdrawal, limits were relaxed from ₹ 1,000/- to ₹ 10,000/- on August 11, 2016.
ਸਤੰ 26, 2016
RBI imposes penalty on Shivam Sahakari Bank Limited, Kolhapur
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two Lakh only) on Shivam Sahakari Bank Limited, Kolhapur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Area of Operation and Know Your Customer (KYC)/Anti-Money Laun
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees two Lakh only) on Shivam Sahakari Bank Limited, Kolhapur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to Area of Operation and Know Your Customer (KYC)/Anti-Money Laun
ਸਤੰ 26, 2016
RBI imposes penalty on The Needs of Life Co-operative Bank Ltd, Mumbai
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Needs of Life Co-operative Bank Ltd, Fort, Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the directives / guidelines of the Reserve Bank of India relating to members holding paid up share capital limit in e
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Needs of Life Co-operative Bank Ltd, Fort, Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the directives / guidelines of the Reserve Bank of India relating to members holding paid up share capital limit in e
ਸਤੰ 23, 2016
ਨੰਬਰ ਪੈਨਲ ਵਿੱਚ ਵਧਦੇ ਆਕਾਰ ਵਿੱਚ ਅੰਕ, ਇਨਸੇਟ ਲੈਟਰ ਬਿਨਾ, ਇੰਟੇਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਬਿਨਾ ਰੁਪਏ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ ਜਾਰੀ ਕਰਨਾ
ਸਿਤੰਬਰ 23, 2016 ਨੰਬਰ ਪੈਨਲ ਵਿੱਚ ਵਧਦੇ ਆਕਾਰ ਵਿੱਚ ਅੰਕ, ਇਨਸੇਟ ਲੈਟਰ ਬਿਨਾ, ਇੰਟੇਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਬਿਨਾ ਰੁਪਏ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮਹਾਤਮਾ ਗਾਂਧੀ ਸੀਰੀਜ਼ 2005 ਦੇ ਤਹਿਤ, ਡਾ॰ ਰਘੁਰਾਮ ਜੀ॰ ਰਾਜਨ ਦੁਆਰਾ ਦਸਤਖਤ ਕੀਤੇ ₹ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ ਜਾਰੀ ਕਰੇਗਾ। ਏਹਨਾਂ ਬੈਂਕਨੋਟਾਂ ਦੇ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਵਿੱਚ ਕੋਈ ਇਨਸੇਟ ਲੈਟਰ ਨਹੀਂ ਹੋਵੇਗਾ। ਉਲਟ ਪਾਸੇ ਛਪਾਈ ਸਾਲ ‘2016’ ਪ੍ਰਿੰਟ ਕੀਤਾ ਜਾਵੇਗਾ। ਹੁਣੀ ਜਾਰੀ ਕੀਤੇ ਇਹਨਾਂ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ, ਮਹਾਤਮਾ ਗਾਂਧੀ ਸੀਰੀਜ਼ 2005 ਦੇ ਤਹਿਤ ਹਾਲ ਹੀ ਜਾਰੀ ਕੀਤੇ ਰੁਪਏ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ
ਸਿਤੰਬਰ 23, 2016 ਨੰਬਰ ਪੈਨਲ ਵਿੱਚ ਵਧਦੇ ਆਕਾਰ ਵਿੱਚ ਅੰਕ, ਇਨਸੇਟ ਲੈਟਰ ਬਿਨਾ, ਇੰਟੇਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਬਿਨਾ ਰੁਪਏ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮਹਾਤਮਾ ਗਾਂਧੀ ਸੀਰੀਜ਼ 2005 ਦੇ ਤਹਿਤ, ਡਾ॰ ਰਘੁਰਾਮ ਜੀ॰ ਰਾਜਨ ਦੁਆਰਾ ਦਸਤਖਤ ਕੀਤੇ ₹ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ ਜਾਰੀ ਕਰੇਗਾ। ਏਹਨਾਂ ਬੈਂਕਨੋਟਾਂ ਦੇ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਵਿੱਚ ਕੋਈ ਇਨਸੇਟ ਲੈਟਰ ਨਹੀਂ ਹੋਵੇਗਾ। ਉਲਟ ਪਾਸੇ ਛਪਾਈ ਸਾਲ ‘2016’ ਪ੍ਰਿੰਟ ਕੀਤਾ ਜਾਵੇਗਾ। ਹੁਣੀ ਜਾਰੀ ਕੀਤੇ ਇਹਨਾਂ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ, ਮਹਾਤਮਾ ਗਾਂਧੀ ਸੀਰੀਜ਼ 2005 ਦੇ ਤਹਿਤ ਹਾਲ ਹੀ ਜਾਰੀ ਕੀਤੇ ਰੁਪਏ 20 ਮੁੱਲ ਦੇ ਬੈਂਕਨੋਟ
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ਸਤੰ 23, 2016
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s S.P. Global Finance and Investment Private Limited (Formerly Latur Finance and Investment Private Limited) Shop No. 15, City Arcade, Opp. P
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s S.P. Global Finance and Investment Private Limited (Formerly Latur Finance and Investment Private Limited) Shop No. 15, City Arcade, Opp. P
ਸਤੰ 23, 2016
2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤੀ ਕੰਪਨੀਆਂ ਨੇ ਆਪਣੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੂੰ ਵਾਪਿਸ ਦਿੱਤੇ
ਸਿਤੰਬਰ 23, 2016 2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤੀ ਕੰਪਨੀਆਂ ਨੇ ਆਪਣੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੂੰ ਵਾਪਿਸ ਦਿੱਤੇ ਹੇਠ ਲਿਖੀਆਂ ਗੈਰ ਬੈਂਕਿੰਗ ਕੰਪਨੀਆਂ ਦੁਆਰਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ ਉਹਨਾਂ ਨੂੰ ਦਿੱਤੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਵਾਪਿਸ ਦੇ ਦਿੱਤੇ ਗਏ ਹਨ। ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934, ਧਾਰਾ 45- IA (6) ਦੇ ਅਧੀਨ ਇਖਤਿਆਰ ਦਾ ਪ੍ਰਯੋਗ ਕਰਦੇ ਹੋਏ ਏਹਨਾਂ ਕੰਪਨੀਆਂ ਦੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰੱਦ ਕਰ ਦਿੱਤੇ ਗਏ ਹਨ। ਸੰ ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫਤਰ ਦਾ ਪਤਾ ਸੀ.ਓ.ਆਰ ਸੰ ਜਾਰੀ ਕਰਨ ਦੀ ਮਿਤੀ ਰੱਦ ਕਰਨ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਦਾਸ ਸਿਕਿਉਰੀਟੀਜ ਲਿਮਿਟਿਡ 201, ਅਨਾਰਕ
ਸਿਤੰਬਰ 23, 2016 2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤੀ ਕੰਪਨੀਆਂ ਨੇ ਆਪਣੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੂੰ ਵਾਪਿਸ ਦਿੱਤੇ ਹੇਠ ਲਿਖੀਆਂ ਗੈਰ ਬੈਂਕਿੰਗ ਕੰਪਨੀਆਂ ਦੁਆਰਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ ਉਹਨਾਂ ਨੂੰ ਦਿੱਤੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਵਾਪਿਸ ਦੇ ਦਿੱਤੇ ਗਏ ਹਨ। ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934, ਧਾਰਾ 45- IA (6) ਦੇ ਅਧੀਨ ਇਖਤਿਆਰ ਦਾ ਪ੍ਰਯੋਗ ਕਰਦੇ ਹੋਏ ਏਹਨਾਂ ਕੰਪਨੀਆਂ ਦੇ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰੱਦ ਕਰ ਦਿੱਤੇ ਗਏ ਹਨ। ਸੰ ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫਤਰ ਦਾ ਪਤਾ ਸੀ.ਓ.ਆਰ ਸੰ ਜਾਰੀ ਕਰਨ ਦੀ ਮਿਤੀ ਰੱਦ ਕਰਨ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਦਾਸ ਸਿਕਿਉਰੀਟੀਜ ਲਿਮਿਟਿਡ 201, ਅਨਾਰਕ
ਸਤੰ 23, 2016
50 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ਤੋਂ ਬਿਨਾ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ
September 23, 2016 50 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ਤੋਂ ਬਿਨਾ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਬਹੁਤ ਜਲਦ ਮਹਾਤਮਾ ਗਾਂਧੀ ਲੜੀ-2005 ਦੇ 50 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟ ਜਾਰੀ ਕਰੇਗੀ, ਇਹ ਨੋਟ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਤੇ ਇਨਸੈਟ ਲੈਟਰਾਂ ਤੋਂ ਬਿਨਾਂ ਹੋਣਗੇ, ਅਤੇ ਉਹਨਾਂ ਉੱਪਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਡਾ. ਰਘੂਰਾਮ ਜੀ ਰਾਜਨ ਦੇ ਦਸਤਖਤ ਹੋਣਗੇ, ਅਤੇ ਬੈਂਕ ਨੋਟ ਦੇ ਪਿਛਲੇ ਪਾਸੇ ਛਪਾਈ ਦਾ ਸਾਲ 2016 ਪ੍ਰਿੰਟ ਹੋਵੇਗਾ। ਇਹਨਾਂ ਬੈਂਕ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ ਅਤੇ ਸੁਰੱਖਿਆ ਫੀਚਰ ਪਹਿ
September 23, 2016 50 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ਤੋਂ ਬਿਨਾ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਬਹੁਤ ਜਲਦ ਮਹਾਤਮਾ ਗਾਂਧੀ ਲੜੀ-2005 ਦੇ 50 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟ ਜਾਰੀ ਕਰੇਗੀ, ਇਹ ਨੋਟ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਤੇ ਇਨਸੈਟ ਲੈਟਰਾਂ ਤੋਂ ਬਿਨਾਂ ਹੋਣਗੇ, ਅਤੇ ਉਹਨਾਂ ਉੱਪਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਡਾ. ਰਘੂਰਾਮ ਜੀ ਰਾਜਨ ਦੇ ਦਸਤਖਤ ਹੋਣਗੇ, ਅਤੇ ਬੈਂਕ ਨੋਟ ਦੇ ਪਿਛਲੇ ਪਾਸੇ ਛਪਾਈ ਦਾ ਸਾਲ 2016 ਪ੍ਰਿੰਟ ਹੋਵੇਗਾ। ਇਹਨਾਂ ਬੈਂਕ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ ਅਤੇ ਸੁਰੱਖਿਆ ਫੀਚਰ ਪਹਿ
ਸਤੰ 22, 2016
ਗਿੰਨੀ ਸੋਨੇ ਦਾ ਬੌਂਡ, 2016-17 ਲੜੀ II
22 ਸਿਤੰਬਰ 2016 ਗਿੰਨੀ ਸੋਨੇ ਦਾ ਬੌਂਡ, 2016-17 ਲੜੀ II ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ, ਭਾਰਤ ਸਰਕਾਰ ਦੀ ਸਲਾਹ ਨਾਲ, ਗਿੰਨੀ ਸੋਨੇ ਦਾ ਬੌਂਡ, 2016-17 ਲੜੀ II ਨੂੰ ਜਾਰੀ ਕਰਨ ਦੀ ਸੂਚਨਾ ਦੇ ਦਿੱਤੀ ਸੀ (ਵੇਖੋ IDMD.CDD.No.462/14.04.050/2016-17 ਅਤੇ IDMD.CDD.No.463/14.04.050/2016-17)। 01 ਸਿਤੰਬਰ 2016 ਤੋਂ 09 ਸਿਤੰਬਰ 2016 ਤੱਕ ਗਿੰਨੀ ਸੋਨੇ ਦੇ ਬੌਂਡ ਦੀ ਪੰਜਵੀਂ ਕਿਸ਼ਤ ਗਾਹਕੀ ਲਈ ਖੋਲ਼ੀ ਗਈ ਸੀ। ਇਹ ਬੌਂਡ 23 ਸਿਤੰਬਰ 2016 ਨੂੰ ਜਾਰੀ ਕੀਤੇ ਜਾਣੇ ਸਨ। ਬੈਂਕਾਂ ਅਤੇ ਡਾਕਖਾਨਿਆਂ ਵਲੋਂ ਵੱਡੀ ਮਾਤਰਾ ਵਿੱਚ ਬਿਨੈ ਪੱਤਰ ਪ੍ਰਾਪਤ ਕੀਤੇ ਗਏ ਹਨ। ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦ
22 ਸਿਤੰਬਰ 2016 ਗਿੰਨੀ ਸੋਨੇ ਦਾ ਬੌਂਡ, 2016-17 ਲੜੀ II ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ, ਭਾਰਤ ਸਰਕਾਰ ਦੀ ਸਲਾਹ ਨਾਲ, ਗਿੰਨੀ ਸੋਨੇ ਦਾ ਬੌਂਡ, 2016-17 ਲੜੀ II ਨੂੰ ਜਾਰੀ ਕਰਨ ਦੀ ਸੂਚਨਾ ਦੇ ਦਿੱਤੀ ਸੀ (ਵੇਖੋ IDMD.CDD.No.462/14.04.050/2016-17 ਅਤੇ IDMD.CDD.No.463/14.04.050/2016-17)। 01 ਸਿਤੰਬਰ 2016 ਤੋਂ 09 ਸਿਤੰਬਰ 2016 ਤੱਕ ਗਿੰਨੀ ਸੋਨੇ ਦੇ ਬੌਂਡ ਦੀ ਪੰਜਵੀਂ ਕਿਸ਼ਤ ਗਾਹਕੀ ਲਈ ਖੋਲ਼ੀ ਗਈ ਸੀ। ਇਹ ਬੌਂਡ 23 ਸਿਤੰਬਰ 2016 ਨੂੰ ਜਾਰੀ ਕੀਤੇ ਜਾਣੇ ਸਨ। ਬੈਂਕਾਂ ਅਤੇ ਡਾਕਖਾਨਿਆਂ ਵਲੋਂ ਵੱਡੀ ਮਾਤਰਾ ਵਿੱਚ ਬਿਨੈ ਪੱਤਰ ਪ੍ਰਾਪਤ ਕੀਤੇ ਗਏ ਹਨ। ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦ
ਸਤੰ 19, 2016
RBI imposes penalty on Nagarik Samabay Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Nagarik Samabay Bank Ltd., Guwahati in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transactions r
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Nagarik Samabay Bank Ltd., Guwahati in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transactions r
ਸਤੰ 16, 2016
RBI imposes penalty on The Gauhati Co-operative Urban Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Gauhati Co-operative Urban Bank Ltd., Guwahati in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Tra
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on the Gauhati Co-operative Urban Bank Ltd., Guwahati in exercise of the powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Tra
ਸਤੰ 16, 2016
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੁਆਰਾ 2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਰੱਦ
ਸਿਤੰਬਰ 16, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੁਆਰਾ 2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਰੱਦ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ ਹੇਠ ਲਿਖੀਆਂ ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934 ਦੇ ਭਾਗ 45-IA (6) ਤਹਤ ਇਸ ਨੂੰ ਪ੍ਰਦਾਨ ਤਾਕਤ ਦੇ ਆਧਾਰ ਤੇ ਰੱਦ ਕਰ ਦਿਤੇ ਹਨ । ਕ੍ਰਮ ਸੰ. ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫ਼ਤਰ ਪਤਾ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਪ੍ਰਮਾਣ ਪੱਤਰ ਦਾ ਨੰਬਰ ਜਾਰੀ ਕੀਤਾ ਗਿਆ (ਮਿਤੀ) ਰੱਦ ਕਰਨ ਦੇ ਆਦੇਸ਼ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਚੰਦੇਲ ਹਾਇਰ ਪਰਚੇਸ ਪ੍ਰਾਇਵੇਟ ਲਿਮਿਟਿਡ ਹਾਮੀਰ ਸਿੰਘ ਨਗਰ, ਉੱਨਵ ਰੋਡ, ਦਾਤਿਆ( ਮੱ
ਸਿਤੰਬਰ 16, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੁਆਰਾ 2 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਰੱਦ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ ਹੇਠ ਲਿਖੀਆਂ ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934 ਦੇ ਭਾਗ 45-IA (6) ਤਹਤ ਇਸ ਨੂੰ ਪ੍ਰਦਾਨ ਤਾਕਤ ਦੇ ਆਧਾਰ ਤੇ ਰੱਦ ਕਰ ਦਿਤੇ ਹਨ । ਕ੍ਰਮ ਸੰ. ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫ਼ਤਰ ਪਤਾ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਪ੍ਰਮਾਣ ਪੱਤਰ ਦਾ ਨੰਬਰ ਜਾਰੀ ਕੀਤਾ ਗਿਆ (ਮਿਤੀ) ਰੱਦ ਕਰਨ ਦੇ ਆਦੇਸ਼ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਚੰਦੇਲ ਹਾਇਰ ਪਰਚੇਸ ਪ੍ਰਾਇਵੇਟ ਲਿਮਿਟਿਡ ਹਾਮੀਰ ਸਿੰਘ ਨਗਰ, ਉੱਨਵ ਰੋਡ, ਦਾਤਿਆ( ਮੱ
ਸਤੰ 16, 2016
3 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ RBI ਨੂੰ ਸਮਰਪਣ
ਸਿਤੰਬਰ 16, 2016 3 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ RBI ਨੂੰ ਸਮਰਪਣ ਹੇਠ ਲਿਖੀਆਂ NBFCs ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੁਆਰਾ ਦਿੱਤੇ ਗਏ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਸਮਰਪਿਤ ਕਰ ਦਿਤੇ ਹਨ। ਇਸ ਲਈ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934 ਦੇ ਭਾਗ 45-IA (6) ਤਹਤ ਇਸ ਨੂੰ ਪ੍ਰਦਾਨ ਤਾਕਤ ਦੇ ਆਧਾਰ ਤੇ ਇਹਨਾਂ ਕੰਪਨੀਆਂ ਦੇ ਰੇਜਿਸਟਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰੱਦ ਕਰ ਦਿਤੇ ਹਨ। ਕ੍ਰਮ ਸੰ. ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫ਼ਤਰ ਪਤਾ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਪ੍ਰਮਾਣ ਪੱਤਰ ਦਾ ਨੰਬਰ ਜਾਰੀ ਕੀਤਾ ਗਿਆ (ਮਿਤੀ) ਰੱਦ ਕਰਨ ਦੇ ਆਦੇਸ਼ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਸ਼੍ਰਿੰਗਾਰਿਕਾ ਫਾਇ
ਸਿਤੰਬਰ 16, 2016 3 ਗੈਰ ਬੈਂਕਿੰਗ ਵਿੱਤ ਕੰਪਨੀਆਂ (NBFCs) ਦੇ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ RBI ਨੂੰ ਸਮਰਪਣ ਹੇਠ ਲਿਖੀਆਂ NBFCs ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੁਆਰਾ ਦਿੱਤੇ ਗਏ ਪੰਜੀਕਰਣ ਪਰ੍ਮਾਣ ਪੱਤਰ ਸਮਰਪਿਤ ਕਰ ਦਿਤੇ ਹਨ। ਇਸ ਲਈ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਐਕਟ, 1934 ਦੇ ਭਾਗ 45-IA (6) ਤਹਤ ਇਸ ਨੂੰ ਪ੍ਰਦਾਨ ਤਾਕਤ ਦੇ ਆਧਾਰ ਤੇ ਇਹਨਾਂ ਕੰਪਨੀਆਂ ਦੇ ਰੇਜਿਸਟਰੇਸ਼ਨ ਸਰਟੀਫਿਕੇਟ ਰੱਦ ਕਰ ਦਿਤੇ ਹਨ। ਕ੍ਰਮ ਸੰ. ਕੰਪਨੀ ਦਾ ਨਾਂ ਦਫ਼ਤਰ ਪਤਾ ਰਜਿਸਟ੍ਰੇਸ਼ਨ ਪ੍ਰਮਾਣ ਪੱਤਰ ਦਾ ਨੰਬਰ ਜਾਰੀ ਕੀਤਾ ਗਿਆ (ਮਿਤੀ) ਰੱਦ ਕਰਨ ਦੇ ਆਦੇਸ਼ ਦੀ ਮਿਤੀ 1. ਮੇਸਰਜ਼ ਸ਼੍ਰਿੰਗਾਰਿਕਾ ਫਾਇ
ਸਤੰ 15, 2016
20 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ‘R’ ਨਾਲ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ
September 15, 2016 20 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ‘R’ ਨਾਲ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਬਹੁਤ ਜਲਦ ਮਹਾਤਮਾ ਗਾਂਧੀ ਲੜੀ-2005 ਦੇ 20 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟ ਜਾਰੀ ਕਰੇਗੀ, ਇਹ ਨੋਟ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਤੇ ਇਨਸੈਟ ਲੈਟਰ ‘R’ ਨਾਲ ਹੋਣਗੇ, ਅਤੇ ਉਹਨਾਂ ਉੱਪਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਡਾ. ਉਰਜਿਤ ਆਰ ਪਟੇਲ ਦੇ ਦਸਤਖਤ ਹੋਣਗੇ, ਅਤੇ ਬੈਂਕ ਨੋਟ ਦੇ ਪਿਛਲੇ ਪਾਸੇ ਛਪਾਈ ਦਾ ਸਾਲ 2016 ਪ੍ਰਿੰਟ ਹੋਵੇਗਾ। ਇਹਨਾਂ ਬੈਂਕ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ ਅਤੇ ਸੁਰੱਖਿਆ ਫੀਚਰ ਪਹਿਲਾਂ ਜ
September 15, 2016 20 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟਾਂ ਨੂੰ ਇਨਸੈਟ ਲੈਟਰ ‘R’ ਨਾਲ, ਨੰਬਰ ਪੈਨਲ ਦੇ ਨੰਬਰਾਂ ਨੂੰ ਵਧਦੇ ਕ੍ਰਮ ਵਿੱਚ, ਅਤੇ ਇੰਟੈਗਲਿਓ ਪ੍ਰਿੰਟਿੰਗ ਤੋਂ ਬਿਨਾਂ ਜਾਰੀ ਕਰਨਾ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਬਹੁਤ ਜਲਦ ਮਹਾਤਮਾ ਗਾਂਧੀ ਲੜੀ-2005 ਦੇ 20 ਰੁਪਏ ਦੇ ਬੈਂਕ ਨੋਟ ਜਾਰੀ ਕਰੇਗੀ, ਇਹ ਨੋਟ ਦੋਵੇਂ ਨੰਬਰ ਪੈਨਲਾਂ ਤੇ ਇਨਸੈਟ ਲੈਟਰ ‘R’ ਨਾਲ ਹੋਣਗੇ, ਅਤੇ ਉਹਨਾਂ ਉੱਪਰ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਡਾ. ਉਰਜਿਤ ਆਰ ਪਟੇਲ ਦੇ ਦਸਤਖਤ ਹੋਣਗੇ, ਅਤੇ ਬੈਂਕ ਨੋਟ ਦੇ ਪਿਛਲੇ ਪਾਸੇ ਛਪਾਈ ਦਾ ਸਾਲ 2016 ਪ੍ਰਿੰਟ ਹੋਵੇਗਾ। ਇਹਨਾਂ ਬੈਂਕ ਨੋਟਾਂ ਦਾ ਡਿਜ਼ਾਈਨ ਅਤੇ ਸੁਰੱਖਿਆ ਫੀਚਰ ਪਹਿਲਾਂ ਜ
ਸਤੰ 12, 2016
Equitas Small Finance Bank Limited commences operations
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
The Reserve Bank of India has issued a licence to Equitas Small Finance Bank Limited under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank (SFB) in India. Apropos the issue of licence, Equitas Small Finance Bank Limited commenced its operations as a small finance bank (SFB) from September 5, 2016. Equitas Holding P Limited was one of the 10 applicants that were issued in-principle approval for setting up SFBs as announ
ਸਤੰ 11, 2016
RBI issues Directions to Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
The Reserve Bank of India notified that Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide order dated March 04, 2015; for a period of three months vide order No dated September 1, 2015; for a p
The Reserve Bank of India notified that Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was further extended for a period of six months vide order dated March 04, 2015; for a period of three months vide order No dated September 1, 2015; for a p
ਸਤੰ 09, 2016
RBI issues Directions to Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra
The Reserve Bank of India notified that Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra, was placed under directions for a period of six months vide directive dated September 8, 2015 from the close of business on September 9, 2015. The validity of the directions was extended vide directive dated March 03, 2016 for a period of six months. It is hereby notified for the information of the public that the period of operation of the directive dated September 8,
The Reserve Bank of India notified that Nashik Zilla Girna Sahakari Bank Ltd., Nashik, Maharashtra, was placed under directions for a period of six months vide directive dated September 8, 2015 from the close of business on September 9, 2015. The validity of the directions was extended vide directive dated March 03, 2016 for a period of six months. It is hereby notified for the information of the public that the period of operation of the directive dated September 8,
ਸਤੰ 07, 2016
RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2016 to March 11, 2017, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive has been modified / its validity extended vide RBI
The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of six months from September 12, 2016 to March 11, 2017, subject to review. The bank has been under directions since June 12, 2014 vide directive dated June 4, 2014 issued under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (AACS). The aforesaid directive has been modified / its validity extended vide RBI
ਸਤੰ 07, 2016
RBI issues Directions to Maratha Sahakari Bank Ltd., Mumbai, Maharashtra
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Maratha Sahakari Bank Ltd., Mumbai, Maharashtra, whereby, from the close of business on August 31, 2016 the aforesaid bank shall not, without prior
It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India has issued certain Directions to Maratha Sahakari Bank Ltd., Mumbai, Maharashtra, whereby, from the close of business on August 31, 2016 the aforesaid bank shall not, without prior
ਸਤੰ 06, 2016
RBI extend Directions to The Vaish Co-operative Commercial Bank Ltd., New Delhi till March 08, 2017
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as modified on February 25, 2016, the validity of which was last extended up to September 08, 2016, shall continue to apply to the bank for a further period of six
ਸਤੰ 05, 2016
ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ
05 ਸਿਤੰਬਰ, 2016 ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ ਜਨਵਰੀ 2013 ਦੇ ਬਾਅਦ ਤੋਂ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਸੇਵਾ ਕਰ ਰਹੇ ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਮਿਤੀ 04 ਸਤੰਬਰ 2016 ਤੋਂ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਚੌਬੀਵੇਂ ਗਵਰਨਰ ਦੇ ਰੂਪ ਵਿੱਚ ਕਾਰਜ ਸੰਭਾਲ ਲਿਆ ਹੈ। ਆਪਣੇ ਦਫ਼ਤਰ ਦੇ ਪਹਿਲੇ ਤਿੰਨ ਸਾਲ ਦੀ ਮਿਆਦ ਪੂਰੀ ਹੋਣ ਦੇ ਬਾਅਦ 11 ਜਨਵਰੀ 2016 ਨੂੰ ਓਹਨਾਨੂੰ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਅਹੁਦੇ ਤੇ ਮੁੜ-ਨਿਯੁਕਤ ਕੀਤਾ ਗਿਆ ਸੀ । ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਕੀਤੇ ਕਾਰਜਾਂ ਵਿੱਚ ਡਾੱ. ਪਟੇਲ ਨੇ ਮੁਦ੍ਰਾ ਨੀਤੀ ਦੇ ਢਾਂਚੇ ਦੇ ਸੋਧ ਅਤੇ ਉਸਨੂੰ ਮਜ਼
05 ਸਿਤੰਬਰ, 2016 ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਗਵਰਨਰ ਦਾ ਅਹੁਦਾ ਸੰਭਾਲਿਆ ਜਨਵਰੀ 2013 ਦੇ ਬਾਅਦ ਤੋਂ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਸੇਵਾ ਕਰ ਰਹੇ ਡਾੱ. ਉਰਜੀਤ ਆਰ. ਪਟੇਲ ਨੇ ਮਿਤੀ 04 ਸਤੰਬਰ 2016 ਤੋਂ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦੇ ਚੌਬੀਵੇਂ ਗਵਰਨਰ ਦੇ ਰੂਪ ਵਿੱਚ ਕਾਰਜ ਸੰਭਾਲ ਲਿਆ ਹੈ। ਆਪਣੇ ਦਫ਼ਤਰ ਦੇ ਪਹਿਲੇ ਤਿੰਨ ਸਾਲ ਦੀ ਮਿਆਦ ਪੂਰੀ ਹੋਣ ਦੇ ਬਾਅਦ 11 ਜਨਵਰੀ 2016 ਨੂੰ ਓਹਨਾਨੂੰ ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਅਹੁਦੇ ਤੇ ਮੁੜ-ਨਿਯੁਕਤ ਕੀਤਾ ਗਿਆ ਸੀ । ਡਿਪਟੀ ਗਵਰਨਰ ਦੇ ਤੌਰ ਤੇ ਕੀਤੇ ਕਾਰਜਾਂ ਵਿੱਚ ਡਾੱ. ਪਟੇਲ ਨੇ ਮੁਦ੍ਰਾ ਨੀਤੀ ਦੇ ਢਾਂਚੇ ਦੇ ਸੋਧ ਅਤੇ ਉਸਨੂੰ ਮਜ਼
ਅਗ 31, 2016
RBI issues Directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad (Telangana)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to Sri Bharathi Co-operative Urban Bank Ltd., Hyderabad. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that Sri Bharathi Co-operative
ਅਗ 30, 2016
Authorisation to operate as a Bharat Bill Payment Operating Unit (BBPOU)
The Reserve Bank of India advises that the applications received from banks and non-banks for authorisation to operate as a BBPOU have been processed and decisions on approval or grant of extension of time till December 31, 2016 for achievement of net worth or return of the application, as applicable, have been communicated to these entities. Non-bank entities whose applications were returned for want of one year domain experience at the time of applying, can seek ext
The Reserve Bank of India advises that the applications received from banks and non-banks for authorisation to operate as a BBPOU have been processed and decisions on approval or grant of extension of time till December 31, 2016 for achievement of net worth or return of the application, as applicable, have been communicated to these entities. Non-bank entities whose applications were returned for want of one year domain experience at the time of applying, can seek ext
ਅਗ 30, 2016
Fifth Tranche of Sovereign Gold Bonds to open on September 01, 2016
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fifth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from September 01, 2016 to September 09, 2016. The Bonds will be issued on September 23, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bomb
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fifth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from September 01, 2016 to September 09, 2016. The Bonds will be issued on September 23, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bomb
ਅਗ 30, 2016
Sovereign Gold Bonds Scheme, 2016 -17 - Series II - Issue Price
In terms of GoI notification F.No. 4(7)-W&M/2016 and RBI circular IDMD.CDD. No.462/14.04.050/2016-17 dated August 29, 2016, the Sovereign Gold Bond Scheme will be open for subscription for the period from September 01 to 09, 2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 3150/- (Rupees Three Thousand One Hundred Fifty only) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 9
In terms of GoI notification F.No. 4(7)-W&M/2016 and RBI circular IDMD.CDD. No.462/14.04.050/2016-17 dated August 29, 2016, the Sovereign Gold Bond Scheme will be open for subscription for the period from September 01 to 09, 2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at ₹ 3150/- (Rupees Three Thousand One Hundred Fifty only) per gram of gold. The rate has been fixed on the basis of simple average of closing price for gold of 9
ਅਗ 30, 2016
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17
ਅਗਸਤ 30, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17 ਬੈਂਕਿੰਗ ਦੇ ਵਿਸ਼ੇਆਂ ਉੱਤੇ ਹਿੰਦੀ ਭਾਸ਼ਾ ਦੀ ਮੂਲ ਰੂਪ ਦੀ ਲਿਖਾਈ ਦੇ ਉਦੇਸ਼ ਨਾਲ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਹਰ ਸਾਲ ਇੱਕ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲੇ ਦਾ ਪ੍ਰਬੰਧ ਕਰਦਾ ਹੈ । ਸਾਰੇ ਅਫਸਰ ਅਤੇ ਸਟਾੱਫ ਮੈੰਬਰ (ਰਾਜਭਾਸ਼ਾ ਅਫਸਰਾਂ ਅਤੇ ਅਨੁਵਾਦਕਾਂ ਤੋਂ ਅਲਾਵਾ) ਇਸ ਮੁਕਾਬਲੇ ਵਿੱਚ ਭਾਗ ਲੈ ਸਕਦੇ ਹਨ । 2016-17 ਵਿੱਚ ਹੋਣ ਵਾਲੇ ਮੁਕਾਬਲੇ ਲਈ ਚੁਣੇ ਗਏ ਤਿੰਨ ਵਿਸ਼ੇ ਹੇਠਾਂ ਦਿੱਤੇ ਅਨੁਸਾਰ ਹਨ: 1 ਬੈਂਕਿੰਗ ਦੇ ਖੇਤਰ ਵਿੱਚ ਗਲੋਬਲ ਚੁਣੌਤੀਆਂ ਅਤੇ ਭਾਰਤ ਵਿੱਚ ਬੈਂਕਾਂ ਦਾ ਸਮੇਕਣ/ ਸ਼ਮੂਲੀਅਤ 2
ਅਗਸਤ 30, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਦਾ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲਾ - 2016-17 ਬੈਂਕਿੰਗ ਦੇ ਵਿਸ਼ੇਆਂ ਉੱਤੇ ਹਿੰਦੀ ਭਾਸ਼ਾ ਦੀ ਮੂਲ ਰੂਪ ਦੀ ਲਿਖਾਈ ਦੇ ਉਦੇਸ਼ ਨਾਲ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਹਰ ਸਾਲ ਇੱਕ ਅੰਤਰ ਬੈਂਕ ਹਿੰਦੀ ਲੇਖ ਮੁਕਾਬਲੇ ਦਾ ਪ੍ਰਬੰਧ ਕਰਦਾ ਹੈ । ਸਾਰੇ ਅਫਸਰ ਅਤੇ ਸਟਾੱਫ ਮੈੰਬਰ (ਰਾਜਭਾਸ਼ਾ ਅਫਸਰਾਂ ਅਤੇ ਅਨੁਵਾਦਕਾਂ ਤੋਂ ਅਲਾਵਾ) ਇਸ ਮੁਕਾਬਲੇ ਵਿੱਚ ਭਾਗ ਲੈ ਸਕਦੇ ਹਨ । 2016-17 ਵਿੱਚ ਹੋਣ ਵਾਲੇ ਮੁਕਾਬਲੇ ਲਈ ਚੁਣੇ ਗਏ ਤਿੰਨ ਵਿਸ਼ੇ ਹੇਠਾਂ ਦਿੱਤੇ ਅਨੁਸਾਰ ਹਨ: 1 ਬੈਂਕਿੰਗ ਦੇ ਖੇਤਰ ਵਿੱਚ ਗਲੋਬਲ ਚੁਣੌਤੀਆਂ ਅਤੇ ਭਾਰਤ ਵਿੱਚ ਬੈਂਕਾਂ ਦਾ ਸਮੇਕਣ/ ਸ਼ਮੂਲੀਅਤ 2
ਅਗ 26, 2016
Tradability of Sovereign Gold Bonds, 2016
(Issued on February 8, 2016 and March 29, 2016) Sovereign Gold Bond Scheme, 2016; and Sovereign Gold Bond Scheme 2016 – Series II were announced by the Government of India vide notifications dated January 14, 2016 and March 04, 2016, respectively. In terms of Para 17 of the Scheme, it is notified that the Sovereign Gold Bonds (issued on February 8, 2016 and March 29, 2016, respectively) held in dematerialised form shall be eligible for trading on the stock exchanges r
(Issued on February 8, 2016 and March 29, 2016) Sovereign Gold Bond Scheme, 2016; and Sovereign Gold Bond Scheme 2016 – Series II were announced by the Government of India vide notifications dated January 14, 2016 and March 04, 2016, respectively. In terms of Para 17 of the Scheme, it is notified that the Sovereign Gold Bonds (issued on February 8, 2016 and March 29, 2016, respectively) held in dematerialised form shall be eligible for trading on the stock exchanges r
ਅਗ 26, 2016
RBI’s College of Agricultural Banking announces Results of Case Writing Competition, 2016
The Reserve Bank of India’s College of Agricultural Banking, Pune announced the results of the Case Writing Competition, 2016. Position Name of the Participant Designation Bank First Ms. Mauli Sanjiv Bodiwala Manager The Kalupur Commercial Co-operative Bank Ltd. Second Mr. Vineet Kumar Jain Senior Manager Bank of Baroda Third Mr. Supriya Saha Assistant Manager Bangiya Gramin Vikash Bank The College had in February 2016, organised a Case Writing Competition on the topi
The Reserve Bank of India’s College of Agricultural Banking, Pune announced the results of the Case Writing Competition, 2016. Position Name of the Participant Designation Bank First Ms. Mauli Sanjiv Bodiwala Manager The Kalupur Commercial Co-operative Bank Ltd. Second Mr. Vineet Kumar Jain Senior Manager Bank of Baroda Third Mr. Supriya Saha Assistant Manager Bangiya Gramin Vikash Bank The College had in February 2016, organised a Case Writing Competition on the topi
ਅਗ 25, 2016
RBI issues Master Directions for Non-Banking Financial Companies
The Reserve Bank of India today issued Master Directions on six subjects relating to Non-Banking Financial Companies (NBFCs) under its regulation. These directions consolidate/reorganise instructions issued in various Circulars/Directions/ Notifications/Master Circulars. The six Master Directions replace instructions contained in existing Master Circulars. The subjects on which Master Directions have been issued are: Exemptions from the provisions of RBI Act, 1934, vi
The Reserve Bank of India today issued Master Directions on six subjects relating to Non-Banking Financial Companies (NBFCs) under its regulation. These directions consolidate/reorganise instructions issued in various Circulars/Directions/ Notifications/Master Circulars. The six Master Directions replace instructions contained in existing Master Circulars. The subjects on which Master Directions have been issued are: Exemptions from the provisions of RBI Act, 1934, vi
ਅਗ 25, 2016
ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ
August 25, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ ਘਰੇਲੂ ਸਿਸਟੇਮਿਕਲੀ ਮਹੱਤਵਪੂਰਨ ਬੈਂਕਾਂ (D-SIBs) ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਕੀਤੀ ਗਈ ਹੈ ਅਤੇ ਇਹਨਾਂ ਬੈਂਕਾਂ ਦੀ ਬੱਕਟਿੰਗ ਬਣਤਰ, ਜੋ ਪਿਛਲੇ ਸਾਲ ਸੀ, ਉਸਨੂੰ ਬਰਕਰਾਰ ਰੱਖਿਆ ਗਿਆ ਹੈ। ਵਾਧੂ ਆਮ ਇਕੁਇਟੀ (ਪੜਾਅ 1) ਦੀ ਜ਼ਰੂਰਤ, ਜੋ ਇਹਨਾਂ ਬੈਂਕਾਂ ਨੂੰ ਪੂਰੀ ਕਰਨੀ ਹੋਵੇਗੀ, ਉਹ 1 ਅਪ੍ਰੈਲ, 2016 ਤੋਂ ਲਾਗੂ ਕਰ ਦਿੱਤੀ ਗਈ ਹੈ ਅਤੇ 1 ਅਪ੍ਰੈਲ, 2019 ਤੱਕ ਪੂਰੀ
August 25, 2016 ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ D-SIB ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਵਲੋਂ 2016 ਵਿੱਚ ਭਾਰਤੀ ਸਟੇਟ ਬੈਂਕ ਅਤੇ ਆਈਸੀਆਈਸੀਆਈ ਬੈਂਕ ਦੀ ਘਰੇਲੂ ਸਿਸਟੇਮਿਕਲੀ ਮਹੱਤਵਪੂਰਨ ਬੈਂਕਾਂ (D-SIBs) ਦੇ ਤੌਰ ਤੇ ਪਹਿਚਾਣ ਕੀਤੀ ਗਈ ਹੈ ਅਤੇ ਇਹਨਾਂ ਬੈਂਕਾਂ ਦੀ ਬੱਕਟਿੰਗ ਬਣਤਰ, ਜੋ ਪਿਛਲੇ ਸਾਲ ਸੀ, ਉਸਨੂੰ ਬਰਕਰਾਰ ਰੱਖਿਆ ਗਿਆ ਹੈ। ਵਾਧੂ ਆਮ ਇਕੁਇਟੀ (ਪੜਾਅ 1) ਦੀ ਜ਼ਰੂਰਤ, ਜੋ ਇਹਨਾਂ ਬੈਂਕਾਂ ਨੂੰ ਪੂਰੀ ਕਰਨੀ ਹੋਵੇਗੀ, ਉਹ 1 ਅਪ੍ਰੈਲ, 2016 ਤੋਂ ਲਾਗੂ ਕਰ ਦਿੱਤੀ ਗਈ ਹੈ ਅਤੇ 1 ਅਪ੍ਰੈਲ, 2019 ਤੱਕ ਪੂਰੀ
ਅਗ 24, 2016
RBI extends Directions issued to Rupee Co-operative Bank Ltd., Pune till February 21, 2017
The Reserve Bank of India vide directive dated August 18, 2016 has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of six months from August 22, 2016 to February 21, 2017 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on five occasions for a period of six months each and twice for a period of three months each. The last extension was for a period o
The Reserve Bank of India vide directive dated August 18, 2016 has extended directions issued to Rupee Co-operative Bank Ltd., Pune, Maharashtra for a further period of six months from August 22, 2016 to February 21, 2017 subject to review. The directions were originally imposed from February 22, 2013 to August 21, 2013 and were extended on five occasions for a period of six months each and twice for a period of three months each. The last extension was for a period o
ਅਗ 16, 2016
RBI imposes penalty on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the instructions / guidelines of the Reserve Bank of India relating to creation of floating charge on i
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Shri Dadasaheb Gajmal Co-operative Bank Ltd., Pachora, Dist : Jalgaon in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of the instructions / guidelines of the Reserve Bank of India relating to creation of floating charge on i
ਅਗ 16, 2016
RBI imposes penalty on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakhs only) on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to credit exposure norms on loans and advanc
The Reserve Bank of India has imposed a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakhs only) on Indapur Urban Co-operative Bank Ltd., Indapur, Dist : Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to credit exposure norms on loans and advanc
ਅਗ 16, 2016
RBI imposes penalty on Model Co-operative Urban Bank Ltd., Hyderabad, Telangana
The Reserve Bank of India has imposed monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Model Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of the Reserve Bank of India directives and guidelines on loans and advances to directors and their relatives. The R
The Reserve Bank of India has imposed monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Model Co-operative Urban Bank Ltd., Hyderabad, Telangana, in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of the Reserve Bank of India directives and guidelines on loans and advances to directors and their relatives. The R
ਅਗ 16, 2016
RBI Imposes Monetary Penalty on The Cooperative City Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Cooperative City Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular UBD.DS.PCB.No.17/13.01.00/2002-03 dated September 18, 2002 on Guidelines on Know Your Custom
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Cooperative City Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular UBD.DS.PCB.No.17/13.01.00/2002-03 dated September 18, 2002 on Guidelines on Know Your Custom
ਅਗ 16, 2016
RBI issues Directions to The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra- Relaxation in payment of deposit
The Reserve Bank of India notified that The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015. The validity of the directions was extended for a further period of six months and three months each vide directives dated December 21, 2015 and June 22, 2016 respectively and the same is valid upto September 25, 2016. In terms of the existing directions, among other conditions, a sum not exc
The Reserve Bank of India notified that The R.S. Co-op. Bank Ltd., Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015. The validity of the directions was extended for a further period of six months and three months each vide directives dated December 21, 2015 and June 22, 2016 respectively and the same is valid upto September 25, 2016. In terms of the existing directions, among other conditions, a sum not exc
ਅਗ 10, 2016
Cancellation of licence to carry on banking business in India and conversion of Urban Co-operative Bank into a Co-operative Society under Sections 22 and 36 (A) (2) of the Banking Regulation Act, 1949 (AACS) – Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat)
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
It is hereby notified for information of the public that the Reserve Bank of India has cancelled the licence of Shri Yugprabhav Sahakari Bank Ltd., Vadodara (Gujarat) vide order dated June 29, 2016. In view of the unsatisfactory financials and compliance record, the bank was advised to go out of purview of the B R Act, 1949 (AACS) and convert into a Co-operative Society. The bank has fulfilled all the conditions stipulated in Section 36(A)(2) of the Act ibid to allow
ਅਗ 05, 2016
RBI cancels the Licence of the Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
The Reserve Bank of India (RBI) has, vide order dated June 30, 2016 cancelled the licence of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra to carry on banking business. The order was made effective from the close of business on July 4, 2016. The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as: The ban
ਅਗ 05, 2016
RBI cancels the Licence of the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
The Reserve Bank of India (RBI) has, vide order dated July 15, 2016 cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. The order was made effective from the close of business on July 25, 2016. The Registrar of Co-operative Societies Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. The Reserve Bank cancelled the licence of the bank as:
ਅਗ 04, 2016
RBI Governor launches Website 'सचेत' to curb Illegal Collection of Deposits
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in future from carrying out unlawful activity. I hope ‘Sachet’ would help regulators in doing this as much as it would help members of public in depositing their hard earned money with genuine entities by giving them timely information about these entities.” Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said this today while launching ‘Sac
ਅਗ 03, 2016
RBI Imposes Monetary Penalty on Zila Sahakari Kendriya Bank Maryadit, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees five lakh only) on Zila Sahakari Kendriya Bank Maryadit, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines of the Reserve Bank on Know Your Customer Norms. The Reserve Bank of India had issued a show cause no
ਅਗ 03, 2016
RBI Imposes Monetary Penalty on The Raipur Urban Mercantile Co-operative Bank Limited, Raipur
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
The Reserve Bank of India has imposed a monetary penalty of ₹ 5,00,000/- (Rupees Five lakh only) on the Raipur Urban Mercantile Co-operative Bank Limited, Raipur in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of the directives/guidelines issued by the Reserve Bank on prohibition of grant of loans and advances to its dire
ਅਗ 01, 2016
RBI issues Directions to Hardoi Urban Co-operative Bank Ltd., Hardoi (U.P.)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Hardoi Urban Co-operative B
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Hardoi Urban Co-operative Bank Ltd., Hardoi. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Hardoi Urban Co-operative B
ਅਗ 01, 2016
RBI issues Directions to Mahamedha Urban Co-operative Bank Ltd., Ghaziabad (Uttar Pradesh)
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Mahamedha Urban Co-op
The Reserve Bank of India is satisfied that in the interest of the public, it is necessary to issue certain directions to the Mahamedha Urban Co-operative Bank Ltd., Ghaziabad. Accordingly, the Reserve Bank of India in exercise of the powers vested in it under sub-section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949 hereby directs that the Mahamedha Urban Co-op
ਜੁਲਾ 31, 2016
RBI issue Directions to CKP Co-operative Bank Ltd, Mumbai, Maharashtra
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated April 30, 2014 from the close of business on May 2, 2014. The validity of the directions was extended vide directives dated October 21, 2014 for a period of three months; dated January 20, 2015 for a period of six months; dated July 9, 2015 for a period of three months ; dated October 28, 2015 for a period of three months and dated January 19, 20
ਜੁਲਾ 29, 2016
Issue of ₹ 10 banknotes without inset letter, ascending size of numerals in number panels
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing ‘2016‘ printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series- 2005 issued earlier, except that the numerals in both the number pan
The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing ‘2016‘ printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series- 2005 issued earlier, except that the numerals in both the number pan
ਜੁਲਾ 29, 2016
Issue of ₹ 100 banknotes without inset letter, ascending size of numerals in the number panels, bleed lines, and enlarged identification mark
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes with three additional/revised features in the Mahatma Gandhi Series-2005, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The banknotes will be without inset letter in the numbering panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Maha
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes with three additional/revised features in the Mahatma Gandhi Series-2005, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The banknotes will be without inset letter in the numbering panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 100 banknotes in Maha
ਜੁਲਾ 27, 2016
RBI penalises 13 Banks for violating KYC Norms
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12
The Reserve Bank of India has imposed monetary penalty on the following banks for violation of regulatory directions / instructions / guidelines, among other things, on KYC norms. The details of the penalty are: S. No. Name of the bank Penalty Amount (in ₹ million) 1. Allahabad Bank 20 2. Bank of India 10 3. Bank of Baroda 50 4. Canara Bank 20 5. Corporation Bank 10 6. HDFC Bank 20 7. IndusInd Bank 20 8. Punjab National Bank 30 9. RBL Bank 10 10. SBBJ 20 11. SBM 10 12
ਜੁਲਾ 26, 2016
RBI cancels Certificate of Registration of 5 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jahangirabad Finance Company Private Limited 301, Dhaka Chamber, 39, Naiwala, Karol Bagh, New Delhi – 110005 B-14.03066 April 25, 2005 May
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Jahangirabad Finance Company Private Limited 301, Dhaka Chamber, 39, Naiwala, Karol Bagh, New Delhi – 110005 B-14.03066 April 25, 2005 May
ਜੁਲਾ 26, 2016
2 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Fedder Tieup Private Limited (Presently Savi Media World Limited) 10B, Sikdar
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Fedder Tieup Private Limited (Presently Savi Media World Limited) 10B, Sikdar
ਜੁਲਾ 26, 2016
RBI cancels Licence of Pioneer Urban Co-operative Bank Ltd., Lucknow
The Reserve Bank of India has, on July 15, 2016, cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. As such, the bank cannot transact the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), including acceptance/repayment of deposits. The licence was cancelled under Section 22 of the Banking Regulation Act, 1949 (As Applicable to
The Reserve Bank of India has, on July 15, 2016, cancelled the licence of Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh to carry on banking business. As such, the bank cannot transact the business of 'banking' as defined in Section 5(b) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), including acceptance/repayment of deposits. The licence was cancelled under Section 22 of the Banking Regulation Act, 1949 (As Applicable to
ਜੁਲਾ 22, 2016
RBI imposes penalty on Sardar Bhiladwala Pardi People’s Co-operative Bank Ltd., Killa Pardi, Dist. Valsad (Scheduled UCB) (Gujarat)
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Sardar Bhiladwala Pardi People’s Co-operative Bank Ltd., Killa Pardi, Dist. Valsad (Scheduled UCB) (Gujarat), in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of RBI guidelines pertaining to loans beyond the ceiling of ₹ 1.00
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Sardar Bhiladwala Pardi People’s Co-operative Bank Ltd., Killa Pardi, Dist. Valsad (Scheduled UCB) (Gujarat), in exercise of the powers vested in it under the provisions of Section 47A (1) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation of RBI guidelines pertaining to loans beyond the ceiling of ₹ 1.00
ਜੁਲਾ 20, 2016
RBI imposes penalty on Sanmitra Sahakari Bank Maryadit, Mumbai
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Sanmitra Sahakari Bank Maryadit, Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to single borrower exposure limit, unsecured individual borrower
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees One Lakh only) on Sanmitra Sahakari Bank Maryadit, Mumbai in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of the instructions / guidelines of the Reserve Bank of India relating to single borrower exposure limit, unsecured individual borrower
ਜੁਲਾ 18, 2016
In the foreseeable future, we will bring formal financial services to every Indian who wants them: RBI Governor
"In the foreseeable future, we will bring formal financial services to every Indian who wants them. Financial inclusion will be an important element in ensuring access and equity - the necessary building blocks for sustainable growth of our country." Dr. Raghuram G. Rajan said this today while speaking at the National Seminar on Equity, Access and Inclusion organised by National Institute of Rural Development and Panchayat Raj in Hyderabad. Stating that the imperative
"In the foreseeable future, we will bring formal financial services to every Indian who wants them. Financial inclusion will be an important element in ensuring access and equity - the necessary building blocks for sustainable growth of our country." Dr. Raghuram G. Rajan said this today while speaking at the National Seminar on Equity, Access and Inclusion organised by National Institute of Rural Development and Panchayat Raj in Hyderabad. Stating that the imperative
ਜੁਲਾ 15, 2016
Sovereign Gold Bond 2016-17 – Series I: Issue Price
In terms of GoI notification F.No.4(7)-W&M/2016 and RBI circular IDMD.CDD.No.2020/14.04.050/2016-17 dated July 14, 2016, Series I of the Sovereign Gold Bond 2016-17 will be open for subscription from July 18 to 22, 2016. The issue price of the Sovereign Gold Bond has been fixed at Rs. 3119/- (Rupees Three Thousand One Hundred and Nineteen only) per gram of gold. The rate has been fixed on the basis of simple average of closing price of gold of 999 purity for the w
In terms of GoI notification F.No.4(7)-W&M/2016 and RBI circular IDMD.CDD.No.2020/14.04.050/2016-17 dated July 14, 2016, Series I of the Sovereign Gold Bond 2016-17 will be open for subscription from July 18 to 22, 2016. The issue price of the Sovereign Gold Bond has been fixed at Rs. 3119/- (Rupees Three Thousand One Hundred and Nineteen only) per gram of gold. The rate has been fixed on the basis of simple average of closing price of gold of 999 purity for the w
ਜੁਲਾ 15, 2016
The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat) – Penalised
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees one Lakh) on The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat), in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of RBI guidelines for ceiling on unsecured advances, credit sanction, KYC/AML guidelines regarding i
The Reserve Bank of India has imposed a monetary penalty of ₹1.00 lakh (Rupees one Lakh) on The Bodeli Urban Co-operative Bank Ltd., Bodeli, Dist. Chhota Udepur (Gujarat), in exercise of the powers vested in it under the provisions of Section 47A (1)(c) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of RBI guidelines for ceiling on unsecured advances, credit sanction, KYC/AML guidelines regarding i
ਜੁਲਾ 14, 2016
Award for outstanding writings in the field of Banking Hindi
With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched an ‘Award scheme for outstanding writings in the field of banking Hindi’. Under this scheme, Professors (including Assistant and Associates, etc.) of Indian Universities will be awarded ₹ 1,25,000.00 for writing books originally in Hindi on Economics/Banking/Financial subjects. Details of scheme is given in the annex. All Professors willing to participate in th
With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched an ‘Award scheme for outstanding writings in the field of banking Hindi’. Under this scheme, Professors (including Assistant and Associates, etc.) of Indian Universities will be awarded ₹ 1,25,000.00 for writing books originally in Hindi on Economics/Banking/Financial subjects. Details of scheme is given in the annex. All Professors willing to participate in th
ਜੁਲਾ 14, 2016
Sovereign Gold Bond Scheme 2016 -17 – Series I to open on July 18
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fourth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from July 18, 2016 to July 22, 2016. The Bonds will be issued on August 5, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Excha
The Reserve Bank of India, in consultation with the Government of India, has decided to issue fourth tranche of Sovereign Gold Bonds. Applications for the bond will be accepted from July 18, 2016 to July 22, 2016. The Bonds will be issued on August 5, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Excha
ਜੁਲਾ 14, 2016
RBI imposes penalty on Shri Laxmi Co-operative Bank Ltd., Pune
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one Lakh only) on Shri Laxmi Co-operative Bank Ltd. Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of provision of B.R.Act, 1949 (AACS) by submitting false compliance to RBI Inspection Report 2012-2013. The Reserve Bank of India had is
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one Lakh only) on Shri Laxmi Co-operative Bank Ltd. Pune in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violations of provision of B.R.Act, 1949 (AACS) by submitting false compliance to RBI Inspection Report 2012-2013. The Reserve Bank of India had is
ਜੁਲਾ 14, 2016
RBI imposes penalty on The Yashwant Co-operative Bank Limited, Phaltan, Maharashtra
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Yashwant Co-operative Bank Limited, Phaltan, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of provisions of Banking Regulation Act, 1949 (AACS), directions/instructions/guidelines issued by the Reserve Bank
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one lakh only) on The Yashwant Co-operative Bank Limited, Phaltan, Maharashtra in exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), for violation of provisions of Banking Regulation Act, 1949 (AACS), directions/instructions/guidelines issued by the Reserve Bank
ਜੁਲਾ 13, 2016
RBI extends Directions issued to the Amanath Co-operative Bank Ltd., Bengaluru
The Reserve Bank of India notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank has issued certain Directions to Amanath Co-operative Bank Ltd., Bengaluru whereby, as from the close of business on April 05, 2013, the aforesaid bank shall not, without prior
The Reserve Bank of India notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank has issued certain Directions to Amanath Co-operative Bank Ltd., Bengaluru whereby, as from the close of business on April 05, 2013, the aforesaid bank shall not, without prior
ਜੁਲਾ 13, 2016
RBI extends Directions on The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal
The Reserve Bank of India has extended directions issued to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal. The directions will continue to apply to the bank for a further period of six months from July 07, 2016 to January 06, 2017, subject to review. The Reserve Bank had initially placed the bank under directions for six months w.e.f April 07, 2014 due to its very precarious financial position and the validity of which was subsequently extended on
The Reserve Bank of India has extended directions issued to The Suri Friends’ Union Co-operative Bank Ltd., Suri, West Bengal. The directions will continue to apply to the bank for a further period of six months from July 07, 2016 to January 06, 2017, subject to review. The Reserve Bank had initially placed the bank under directions for six months w.e.f April 07, 2014 due to its very precarious financial position and the validity of which was subsequently extended on
ਜੁਲਾ 12, 2016
RBI cancels Certificate of Registration of 4 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1. M/s Neelanjali Engineering Private Limited 7, Tarachand Dutta Street, 6th Floor, PS-Burrabazar, Kolkata – 700073 B.05.05198 January
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1. M/s Neelanjali Engineering Private Limited 7, Tarachand Dutta Street, 6th Floor, PS-Burrabazar, Kolkata – 700073 B.05.05198 January
ਜੁਲਾ 11, 2016
RBI imposes penalty on The Prathamik Shikshak Sahakari Bank Limited Kolhapur
The Reserve Bank of India has imposed a monetary penalty of ₹ 10.00 lakh (Rupees Ten lakh only) on The Prathamik Shikshak Sahakari Bank Ltd., Kolhapur (Salary Earners’ Bank), in exercise of the powers vested in it under the provision of Section 47A (1) (b) read with Section 46 (4) of the Banking Regulation Act 1949 (As Applicable to Co-operative Societies), for violation of operational instructions relating to declaration and payment of dividend for the financial year
The Reserve Bank of India has imposed a monetary penalty of ₹ 10.00 lakh (Rupees Ten lakh only) on The Prathamik Shikshak Sahakari Bank Ltd., Kolhapur (Salary Earners’ Bank), in exercise of the powers vested in it under the provision of Section 47A (1) (b) read with Section 46 (4) of the Banking Regulation Act 1949 (As Applicable to Co-operative Societies), for violation of operational instructions relating to declaration and payment of dividend for the financial year
ਜੁਲਾ 07, 2016
Change of Category from Deposit Taking to Non-Deposit Taking - M/s Ceejay Finance Ltd
It is hereby notified that the Reserve Bank of India (the Bank), in exercise of powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration No.A.01.00400 dated September 27, 2007 issued to “Ceejay Finance Limited” (CIN No. L65910GJ1993PLC019090) having its registered office at C. J. House, Mota Pore, Nadiad, Gujarat–378 001 as Deposit Taking Non-Banking Finance Company (NBFC-D). The company is now el
It is hereby notified that the Reserve Bank of India (the Bank), in exercise of powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration No.A.01.00400 dated September 27, 2007 issued to “Ceejay Finance Limited” (CIN No. L65910GJ1993PLC019090) having its registered office at C. J. House, Mota Pore, Nadiad, Gujarat–378 001 as Deposit Taking Non-Banking Finance Company (NBFC-D). The company is now el
ਜੁਲਾ 05, 2016
RBI extends Directions issued to the Brahmawart Commercial Co-operative Bank Ltd., Kanpur, Uttar Pradesh till January 06, 2017
The Reserve Bank of India has extended Directions issued to the Brahmawart Commercial Co-operative Bank Ltd., Kanpur for a further period of six months from July 07, 2016 to January 06, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 07, 2015. The aforesaid directive was modified and its validity extended upto July 06, 2016. The same has further been extended upto January 06, 20
The Reserve Bank of India has extended Directions issued to the Brahmawart Commercial Co-operative Bank Ltd., Kanpur for a further period of six months from July 07, 2016 to January 06, 2017, subject to review. The bank has been under directions issued under Section 35A of the Banking Regulation Act, 1949 (AACS) since July 07, 2015. The aforesaid directive was modified and its validity extended upto July 06, 2016. The same has further been extended upto January 06, 20
ਜੁਲਾ 04, 2016
Shri Sudarshan Sen takes charge as new Executive Director at RBI
Shri Sudarshan Sen has taken over as the new Executive Director at the Reserve Bank of India today. He will look after Department of Banking Regulation, Department of Co-operative Banking Regulation and Department of Non-Banking Regulation. Shri Sen, a career central banker who has long association with bank supervision and regulation, was in charge of the Department of Banking Regulation before taking over as Executive Director. He has also been Regional Director of
Shri Sudarshan Sen has taken over as the new Executive Director at the Reserve Bank of India today. He will look after Department of Banking Regulation, Department of Co-operative Banking Regulation and Department of Non-Banking Regulation. Shri Sen, a career central banker who has long association with bank supervision and regulation, was in charge of the Department of Banking Regulation before taking over as Executive Director. He has also been Regional Director of
ਜੁਲਾ 04, 2016
Cancellation of licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business
It is hereby notified for the information of the public that the Reserve Bank of India has, vide its order dated June 30, 2016, cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking
It is hereby notified for the information of the public that the Reserve Bank of India has, vide its order dated June 30, 2016, cancelled the licence of Jijamata Mahila Sahakari Bank Limited, Satara, Maharashtra to carry on banking business under Section 22 of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) read with Section 56 of Banking Regulation Act, 1949. As such, the bank is forthwith precluded from transacting the business of 'banking
ਜੁਲਾ 04, 2016
Shri N. S. Vishwanathan takes over as RBI Deputy Governor
Shri N. S. Vishwanathan took over as the Deputy Governor of the Reserve Bank of India today. The Government of India, on June 29, 2016 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after July 4, 2016 or until further orders, whichever is earlier. Shri Vishwanathan was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.
Shri N. S. Vishwanathan took over as the Deputy Governor of the Reserve Bank of India today. The Government of India, on June 29, 2016 has appointed him as the Deputy Governor of the Reserve Bank of India, for a period of three years from the date of his taking over charge of the post on or after July 4, 2016 or until further orders, whichever is earlier. Shri Vishwanathan was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.
ਜੁਲਾ 04, 2016
Portfolios of RBI Deputy Governors effective July 4, 2016
Consequent upon Shri N. S. Vishwanathan taking over as Deputy Governor, the portfolios of Deputy Governors from July 4, 2016 will be: Sr. No. Name Departments 1. Dr. Urjit R. Patel Monetary Policy & Research 1. Co-ordination 2. Department of Communication (DoC) 3. Department of Economic Policy & Research (DEPR) 4. Department of Statistics & Information Management (including Data and Information Management Unit) (DSIM/DIMU) 5. Financial Market Operations De
Consequent upon Shri N. S. Vishwanathan taking over as Deputy Governor, the portfolios of Deputy Governors from July 4, 2016 will be: Sr. No. Name Departments 1. Dr. Urjit R. Patel Monetary Policy & Research 1. Co-ordination 2. Department of Communication (DoC) 3. Department of Economic Policy & Research (DEPR) 4. Department of Statistics & Information Management (including Data and Information Management Unit) (DSIM/DIMU) 5. Financial Market Operations De
ਜੁਲਾ 01, 2016
RBI signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the National Bank of Cambodia
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with National Bank of Cambodia. The MoU was signed by H.E Kim Vada, Director General of Banking Supervision, on behalf of National Bank of Cambodia and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and S
The Reserve Bank of India signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with National Bank of Cambodia. The MoU was signed by H.E Kim Vada, Director General of Banking Supervision, on behalf of National Bank of Cambodia and Smt Meena Hemchandra, Executive Director, on behalf of Reserve Bank of India. The Reserve Bank has entered into Memorandam of Understanding, Letter for Supervisory Co-operation and S
ਜੁਲਾ 01, 2016
RBI extends Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed Dist. Nanded, Maharashtra till September 30, 2016
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Mahrashtra) for a further period of three months from the close of business as on June 30, 2016 to September 30, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for six month on one occasion. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section
The Reserve Bank of India has extended Directions issued to Shri Sai Urban Co-operative Bank Ltd., Mukhed, Dist. Nanded (Mahrashtra) for a further period of three months from the close of business as on June 30, 2016 to September 30, 2016, subject to review. The bank was under directions since July 01, 2015. The directions were earlier extended for six month on one occasion. The Directions were imposed in exercise of powers vested in the Reserve Bank under sub section
ਜੁਲਾ 01, 2016
RBI imposes Monetary Penalty on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur (Maharashtra)
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur, in exercise of powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of various norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response to whic
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on Shri Anand Nagari Sahakari Bank Ltd., Chandrapur, in exercise of powers vested in it under the provisions of Section 47A (1) (b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) for violation of various norms and RBI instructions. The Reserve Bank of India had issued a show cause notice to the bank, in response to whic
ਜੂਨ 30, 2016
Exchange of Pre-2005 Banknotes at Select Offices of RBI from July 01, 2016
The Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been withdrawn from circulation and only a small percentage of these notes remains in circulation. On a review, therefore, the Reserve Bank has decided that from July 01, 2016 the facility of exchanging the pre-2005 banknotes will be available only at the following offices of the Reserve Bank of India: Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwa
The Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been withdrawn from circulation and only a small percentage of these notes remains in circulation. On a review, therefore, the Reserve Bank has decided that from July 01, 2016 the facility of exchanging the pre-2005 banknotes will be available only at the following offices of the Reserve Bank of India: Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwa
ਜੂਨ 28, 2016
4 NBFCs surrender their Certificate of Registration to RBI
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shrigopal Finance and Investment Private Limited 82-A, Flat No. 33, Brindavan
The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Shrigopal Finance and Investment Private Limited 82-A, Flat No. 33, Brindavan
ਜੂਨ 28, 2016
RBI cancels Certificate of Registration of 2 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sampada Chemicals Limited Parijat House, 2nd Floor, 1076, Dr. E Moses Road, Worli, Mumbai - 400018 13.00362 March 18, 1998 March 25, 2016 2
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Sampada Chemicals Limited Parijat House, 2nd Floor, 1076, Dr. E Moses Road, Worli, Mumbai - 400018 13.00362 March 18, 1998 March 25, 2016 2
ਜੂਨ 28, 2016
RBI to work on July 1, 2016 to facilitate public transactions
On a review and in order to facilitate the settlement of market transactions, as also, to aid the transactions of the general public, the Reserve Bank of India has decided that it will remain open for public transactions on July 1, 2016. Normally, the Reserve Bank remains closed for public transactions every July 1 on account of its annual closing of accounts. The Reserve Bank’s accounting year is July to June. In view of the annual closing of its books of account, ho
On a review and in order to facilitate the settlement of market transactions, as also, to aid the transactions of the general public, the Reserve Bank of India has decided that it will remain open for public transactions on July 1, 2016. Normally, the Reserve Bank remains closed for public transactions every July 1 on account of its annual closing of accounts. The Reserve Bank’s accounting year is July to June. In view of the annual closing of its books of account, ho
ਜੂਨ 24, 2016
RBI imposes penalty on The Industrial Cooperative Bank Ltd., Guwahati
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Industrial Cooperative Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transac
The Reserve Bank of India has imposed a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Industrial Cooperative Bank Ltd., Guwahati. In exercise of the powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies), for violation of the provisions of para 4 (i) of circular dated September 18, 2002 on Guidelines on Know Your Customers Norms and Cash Transac
ਜੂਨ 24, 2016
RBI issues Directions on The R S Co-operative Bank Ltd., Mumbai, Maharashtra
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended, vide order dated December 21, 2015 for a period of six months. The validity of the directions has been extended for a further period of three months from June 26, 2016 to September 25, 2016 vide our modified directive dated June 22, 2016 su
The R S Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions for a period of six months vide directive dated June 24, 2015 from the close of business on June 26, 2015. The validity of the directions was extended, vide order dated December 21, 2015 for a period of six months. The validity of the directions has been extended for a further period of three months from June 26, 2016 to September 25, 2016 vide our modified directive dated June 22, 2016 su
ਜੂਨ 22, 2016
RBI to shortly circulate ₹ 10 Coins to commemorate “Birth Centenary of Swami Chinmayananda”
The Reserve Bank of India will shortly put in circulation ₹ 10 coins minted by the Government of India to commemorate Birth Centenary of Swami Chinmayananda. The design details of these coins as notified in The Gazette of India - Extraordinary - Part I - Section I - Section (1) - No.274 dated April 30, 2015 published by the Ministry of Finance, Department of Economic Affairs, are: Obverse The obverse of the coin shall bear the Lion Capitol of Ashoka Pillar in the cent
The Reserve Bank of India will shortly put in circulation ₹ 10 coins minted by the Government of India to commemorate Birth Centenary of Swami Chinmayananda. The design details of these coins as notified in The Gazette of India - Extraordinary - Part I - Section I - Section (1) - No.274 dated April 30, 2015 published by the Ministry of Finance, Department of Economic Affairs, are: Obverse The obverse of the coin shall bear the Lion Capitol of Ashoka Pillar in the cent
ਜੂਨ 21, 2016
The Lunawada Peoples’ Co-operative Bank Ltd., Lunawada, Dist. Mahisagar Imposition of penalty of ₹ 1.00 lakh
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one Lakh only) on The Lunawada Peoples’ Co-operative Bank Ltd., Lunawada, Dist. Mahisagar (Gujarat) in exercise of the powers vested in it under the provisions of Section 47A (1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation pertaining to issuance of Demand Drafts to a single party on the same day in cash for value j
The Reserve Bank of India has imposed a monetary penalty of ₹ 1.00 lakh (Rupees one Lakh only) on The Lunawada Peoples’ Co-operative Bank Ltd., Lunawada, Dist. Mahisagar (Gujarat) in exercise of the powers vested in it under the provisions of Section 47A (1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to Co-operative Societies), for violation pertaining to issuance of Demand Drafts to a single party on the same day in cash for value j
ਜੂਨ 21, 2016
RBI extends validity of the Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow, Uttar Pradesh
The Reserve Bank of India (RBI) has extended the Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow for a further period of three months from June 24, 2016 to September 23, 2016, subject to review. The bank has been under directions since March 24, 2015 vide directive dated March 14, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directive was extended vide RBI directive dated September 16, 2
The Reserve Bank of India (RBI) has extended the Directions issued to the Pioneer Urban Co-operative Bank Ltd., Lucknow for a further period of three months from June 24, 2016 to September 23, 2016, subject to review. The bank has been under directions since March 24, 2015 vide directive dated March 14, 2015 issued under Section 35A of the Banking Regulation Act, 1949 (AACS). The validity of the aforesaid directive was extended vide RBI directive dated September 16, 2
ਜੂਨ 17, 2016
RBI decides to simplify and rationalise the process of registration of new NBFCs
In order to make the process of registration of new NBFCs smoother and hassle free, the application form for registration of new NBFCs and the checklist of documents to be submitted have been revised. The number of documents to be submitted by the NBFC applicants has been reduced from existing set of 45 documents to 7-8 in the revised process. Secondly, from now onwards, there would be two different types of applications for non-deposit taking NBFCs (NBFC-ND) based on
In order to make the process of registration of new NBFCs smoother and hassle free, the application form for registration of new NBFCs and the checklist of documents to be submitted have been revised. The number of documents to be submitted by the NBFC applicants has been reduced from existing set of 45 documents to 7-8 in the revised process. Secondly, from now onwards, there would be two different types of applications for non-deposit taking NBFCs (NBFC-ND) based on
ਜੂਨ 15, 2016
RBI to issue ₹ 20 banknotes with inset letter ‘S’
The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter 'S' in both the number panels, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India. The year of printing ‘2016 ' appears on the reverse of the banknotes. The design of these banknotes to be issued now is similar in all respects to the ₹ 20 banknotes in Mahatma Gandhi Series-2005 issued earlier. All banknotes in the de
The Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter 'S' in both the number panels, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India. The year of printing ‘2016 ' appears on the reverse of the banknotes. The design of these banknotes to be issued now is similar in all respects to the ₹ 20 banknotes in Mahatma Gandhi Series-2005 issued earlier. All banknotes in the de
ਜੂਨ 15, 2016
RBI issues Directions on Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra
The Reserve Bank of India notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank has issued certain Directions to Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra, whereby, as from the close of business on June 14, 2016, the aforesaid bank shall not, wit
The Reserve Bank of India notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank has issued certain Directions to Sanmitra Sahakari Bank Maryadit, Mumbai, Maharashtra, whereby, as from the close of business on June 14, 2016, the aforesaid bank shall not, wit
ਜੂਨ 10, 2016
RBI cancels Certificate of Registration of 3 NBFCs
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1. M/s Escorts Finance Limited Escorts Corporate Centre, 15/5, Mathura Road, Faridabad - 121003, Haryana A-14. 01690 May 23, 2000
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date 1. M/s Escorts Finance Limited Escorts Corporate Centre, 15/5, Mathura Road, Faridabad - 121003, Haryana A-14. 01690 May 23, 2000
ਜੂਨ 10, 2016
RBI extends Directions issued to the Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was extended thrice for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015; for a period of three months vide directive dated September 1, 2015
Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, District - Pune, Maharashtra was placed under directions for a period of six months vide directive dated September 10, 2014 from the close of business on September 12, 2014. The validity of the aforesaid directive was extended thrice for a period of six months vide directive dated March 04, 2015 from the close of business on March 11, 2015; for a period of three months vide directive dated September 1, 2015
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ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਜੁਲਾਈ 29, 2025
